|The Reshaping of Industries Caused by COVID-19|
|Analysis of Critical Forces Shaping Growth Opportunities|
No economy, industry, or businesses has been spared from the effects of the novel coronavirus (COVID-19). Some industries have naturally been affected more than others and the impacts have been on a larger scale. Major economies were already experiencing a slowdown due to other factors and this global pandemic has only added to the distress, hastening the decline in the world’s GDP.
Risk mitigation actions become important during times of recovery. Frost & Sullivan has identified an exhaustive list of short- and long-term key opportunities that will emerge from the reshaping of industries caused by COVID-19.
The 9 key trends that will emerge from the opportunity universe include the following: